Keel Infrastructure KEEL
NASDAQ KEEL
$3.57 +0.13 (+3.78%)
At close: Sep 11, 2026 · 4:00 PM EDT

Keel Infrastructure (KEEL) EBITDA (2020 - 2026)

Keel Infrastructure's (KEEL) quarterly EBITDA came in at -$140.8 million in Q2 2026, down 1126.05% year-over-year from $13.7 million in Q2 2025, and down 43.08% quarter-over-quarter from -$98.4 million in Q1 2026.

Analysis

Keel Infrastructure (KEEL) EBITDA (2020 - 2026) Analysis & Trends

Keel Infrastructure (KEEL) has reported EBITDA for 7 consecutive years, with -$140.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA fell 1126.05% year-over-year to -$140.8 million in Q2 2026; TTM through Jun 2026 was -$310.7 million, a 845.07% decrease from a year earlier, with the FY2025 full-year figure at -$149.6 million, down 373.69% from the prior year.
  • EBITDA was -$140.8 million for Q2 2026 at Keel Infrastructure, down from -$98.4 million in the prior quarter.
  • Over five years, EBITDA peaked at $23.3 million in Q1 2024 and troughed at -$140.8 million in Q2 2026.
  • A 5-year average of -$8.9 million and a median of $10.3 million in 2022 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA jumped 790.04% in 2025 and sank 1126.05% in 2026, its largest moves.
  • Over 5 years, EBITDA stood at $2.0 million in 2022, then jumped by 724.02% to $16.3 million in 2023, then retreated by 12.35% to $14.3 million in 2024, then slumped by 736.3% to -$91.1 million in 2025, then tumbled by 54.55% to -$140.8 million in 2026.
  • The last three EBITDA figures came in at -$140.8 million (Q2 2026), -$98.4 million (Q1 2026), and -$91.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -11.87 Mn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn -620.38 Mn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn -206.33 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn -142.83 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - -352.07 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - -132.55 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn 31.11 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn -140.77 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 5.21 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -140.77 Mn
Mar 31, 2026 -98.39 Mn
Dec 31, 2025 -91.09 Mn
Sep 30, 2025 19.56 Mn
Jun 30, 2025 13.72 Mn
Dec 31, 2024 14.32 Mn
Sep 30, 2024 2.20 Mn
Jun 30, 2024 11.47 Mn
Mar 31, 2024 23.32 Mn
Dec 31, 2023 16.33 Mn
Sep 30, 2023 8.88 Mn
Jun 30, 2023 9.97 Mn
Mar 31, 2023 6.36 Mn
Dec 31, 2022 1.98 Mn
Sep 30, 2022 10.33 Mn
Jun 30, 2022 19.70 Mn
Mar 31, 2022 21.44 Mn
Dec 31, 2021 40.28 Mn
Sep 30, 2021 29.76 Mn
Jun 30, 2021 23.78 Mn